Financial Operations Officer III

Mississauga, Ontario L4W | Temporary

Job ID: 56970 Industry: Administrative/Office Support

Our Client is seeking Financial Operations Officers to join their Mississauga Office

Pay Rate: $ 19.85 /hour

Location: Mississauga

Duration: 6 months with possible extension

Hours: Monday- Friday 8:30am- 4:30pm

Position Summary

The main function of the Financial Operations Officer is confirming transaction details using various methods of confirmation including phone, fax, swift and email. The incumbent will also be acting as a point of contact for customer queries.

Job Responsibilities

  • Timely and accurate confirmation of MM transactions, within the 24-hour confirmation policy
  • Maintain sufficient audit trails on all confirmations
  • Ensure the tracking system is updated daily and outstanding items are followed-up on an ongoing basis
  • Ensure all unconfirmed trades are escalated to Management and Front Office on time
  • Work with areas such as Trading, Middle Office, Trade Validation and Treasury as it relates to confirming new deal structures, resolving discrepancies and ensuring Regulatory and Audit guidelines are being met and followed
  • Develop and maintain sound working relationships with counterparties and internal groups like Front Office, Treasury, Settlements, Investigations and Global Support
  • Actively participate in developing, testing and implementing new or enhanced processes and other process improvement initiatives
  • Protect the interests of the Bank by adhering to operating standards and processes; obtain proper authorization for transactions as required

Job Qualifications

  • 5-8 years of related working experience
  • 0-2 years’ experience in a Trade Processing related role, preferably experience with cash products (such as Loans, Deposits, Swaps and Forwards)
  • Ability to adhere to strict deadlines and handle high volumes of work
  • Excellent quantitative and analytical skills
  • Excellent organizational and time management skills
  • Ability to work independently and as well as part of a team
  • Self-motivated and goal-oriented
  • Ability to adapt to changing policies and procedures
  • Attention to detail is crucial
  • Understanding of MM and FX Products (eg. Options, Foreign Exchange spots and forwards, Money Market deposits and loans)
  • Knowledge of Global and WSS platforms would be an asset
  • Sound knowledge of Microsoft Office, proficiency in Excel is a must, coupled with the ability to learn and apply skills to new software programs

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Accommodations are available upon request to support your participation during all stages of the recruitment process.

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